Gross domestic product (GDP), per capita in Panama

Panama: Gross domestic product (GDP), per capita was 37,516 international-$ in 2021 prices per person in 2025. ▲ Rising

Latest (2025)
37,516 international-$ in 2021 prices per person
Change on year
up 3.1%
World rank
60th
of 198 countries
All-time high
37,516 international-$ in 2021 prices per person
in 2025
All-time low
10,264 international-$ in 2021 prices per person
in 1990
Years of data
36
1990–2025

Gross domestic product (GDP), per capita in Panama, 1990–2025

10.0k20.0k30.0k40.0k1990200720251990: 10.3k international-$ in 2021 prices per person1991: 11.0k international-$ in 2021 prices per person1992: 11.6k international-$ in 2021 prices per person1993: 12.0k international-$ in 2021 prices per person1994: 12.1k international-$ in 2021 prices per person1995: 12.1k international-$ in 2021 prices per person1996: 12.3k international-$ in 2021 prices per person1997: 13.0k international-$ in 2021 prices per person1998: 13.8k international-$ in 2021 prices per person1999: 14.3k international-$ in 2021 prices per person2000: 14.6k international-$ in 2021 prices per person2001: 14.4k international-$ in 2021 prices per person2002: 14.5k international-$ in 2021 prices per person2003: 15.0k international-$ in 2021 prices per person2004: 15.9k international-$ in 2021 prices per person2005: 16.9k international-$ in 2021 prices per person2006: 18.2k international-$ in 2021 prices per person2007: 20.2k international-$ in 2021 prices per person2008: 21.9k international-$ in 2021 prices per person2009: 21.8k international-$ in 2021 prices per person2010: 22.7k international-$ in 2021 prices per person2011: 25.0k international-$ in 2021 prices per person2012: 26.9k international-$ in 2021 prices per person2013: 28.1k international-$ in 2021 prices per person2014: 28.9k international-$ in 2021 prices per person2015: 29.9k international-$ in 2021 prices per person2016: 30.8k international-$ in 2021 prices per person2017: 32.0k international-$ in 2021 prices per person2018: 32.7k international-$ in 2021 prices per person2019: 33.2k international-$ in 2021 prices per person2020: 26.9k international-$ in 2021 prices per person2021: 30.9k international-$ in 2021 prices per person2022: 33.9k international-$ in 2021 prices per person2023: 35.9k international-$ in 2021 prices per person2024: 36.4k international-$ in 2021 prices per person2025: 37.5k international-$ in 2021 prices per person

Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.

Analysis

The most recent figure for gross domestic product (gdp), per capita in Panama is 37,516 international-$ in 2021 prices per person, measured in 2025. That is the highest value across all 36 years on record.

The figure is up 3.1% on the previous year and up 25.3% over ten years.

Over the whole period, gross domestic product (gdp), per capita in Panama peaked at 37,516 international-$ in 2021 prices per person in 2025 and was at its lowest, 10,264 international-$ in 2021 prices per person, in 1990.

That places Panama 60th out of 198 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Gross domestic product (GDP), per capita in Panama, year by year

Annual values for Gross domestic product (GDP), per capita in Panama, 1990 to 2025.
Year international-$ in 2021 prices per person Change
1990 10,264 international-$ in 2021 prices per person —
1991 10,995 international-$ in 2021 prices per person +7.1%
1992 11,650 international-$ in 2021 prices per person +6.0%
1993 12,033 international-$ in 2021 prices per person +3.3%
1994 12,123 international-$ in 2021 prices per person +0.8%
1995 12,087 international-$ in 2021 prices per person -0.3%
1996 12,328 international-$ in 2021 prices per person +2.0%
1997 13,014 international-$ in 2021 prices per person +5.6%
1998 13,827 international-$ in 2021 prices per person +6.2%
1999 14,262 international-$ in 2021 prices per person +3.1%
2000 14,573 international-$ in 2021 prices per person +2.2%
2001 14,428 international-$ in 2021 prices per person -1.0%
2002 14,507 international-$ in 2021 prices per person +0.6%
2003 14,958 international-$ in 2021 prices per person +3.1%
2004 15,875 international-$ in 2021 prices per person +6.1%
2005 16,868 international-$ in 2021 prices per person +6.3%
2006 18,190 international-$ in 2021 prices per person +7.8%
2007 20,209 international-$ in 2021 prices per person +11.1%
2008 21,868 international-$ in 2021 prices per person +8.2%
2009 21,823 international-$ in 2021 prices per person -0.2%
2010 22,739 international-$ in 2021 prices per person +4.2%
2011 25,000 international-$ in 2021 prices per person +9.9%
2012 26,927 international-$ in 2021 prices per person +7.7%
2013 28,135 international-$ in 2021 prices per person +4.5%
2014 28,932 international-$ in 2021 prices per person +2.8%
2015 29,933 international-$ in 2021 prices per person +3.5%
2016 30,765 international-$ in 2021 prices per person +2.8%
2017 31,980 international-$ in 2021 prices per person +3.9%
2018 32,682 international-$ in 2021 prices per person +2.2%
2019 33,164 international-$ in 2021 prices per person +1.5%
2020 26,882 international-$ in 2021 prices per person -18.9%
2021 30,933 international-$ in 2021 prices per person +15.1%
2022 33,915 international-$ in 2021 prices per person +9.6%
2023 35,873 international-$ in 2021 prices per person +5.8%
2024 36,395 international-$ in 2021 prices per person +1.5%
2025 37,516 international-$ in 2021 prices per person +3.1%

Panama compared with similar countries

  • Panama's 37,516 international-$ in 2021 prices per person is below the median for high income countries, which is 49,192 international-$ in 2021 prices per person, 76% of the median. (74 countries reporting)
  • Panama's 37,516 international-$ in 2021 prices per person is above the median for Latin America & Caribbean, which is 23,315 international-$ in 2021 prices per person, 1.6× the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 12,258 international-$ in 2021 prices per person 10,264 international-$ in 2021 prices per person 14,262 international-$ in 2021 prices per person 10
2000s 17,330 international-$ in 2021 prices per person 14,428 international-$ in 2021 prices per person 21,868 international-$ in 2021 prices per person 10
2010s 29,026 international-$ in 2021 prices per person 22,739 international-$ in 2021 prices per person 33,164 international-$ in 2021 prices per person 10
2020s 33,586 international-$ in 2021 prices per person 26,882 international-$ in 2021 prices per person 37,516 international-$ in 2021 prices per person 6

Countries ranked near Panama

  1. 57 Latvia 38,801 international-$ in 2021 prices per person compare
  2. 58 Greece 38,219 international-$ in 2021 prices per person compare
  3. 59 Kazakhstan 37,850 international-$ in 2021 prices per person compare
  4. 61 Turkey 37,301 international-$ in 2021 prices per person compare
  5. 62 Bahamas 36,244 international-$ in 2021 prices per person compare
  6. 63 Oman 36,143 international-$ in 2021 prices per person compare

See the full ranking of 198 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is gross domestic product (gdp), per capita in Panama?
Gross domestic product (gdp), per capita in Panama was 37,516 international-$ in 2021 prices per person in 2025, according to Statizoid (derived).
What is the highest gross domestic product (gdp), per capita recorded in Panama?
The highest recorded value was 37,516 international-$ in 2021 prices per person in 2025.
What is the lowest gross domestic product (gdp), per capita recorded in Panama?
The lowest recorded value was 10,264 international-$ in 2021 prices per person in 1990.
How does Panama rank for gross domestic product (gdp), per capita?
Panama ranks 60th out of 198 countries with data for 2025.
Is gross domestic product (gdp), per capita rising or falling in Panama?
Over the last ten years it is up 25.3%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), per capita in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-per-capita-2/panama/

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How this figure is calculated

Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross domestic product (GDP) ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), per capita
Unit
international-$ in 2021 prices per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 6,959 data points, 1990–2025
Last refreshed

Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.